China’s government lose control of inflation
Tuesday, 12 April 2011 09:36
China’s decision to keep its currency weak has potentially caused the government to lose control of inflation and risks fuelling wage-price gains as well of course as the ongoing issues with trading partners.
Read MoreAustralian stocks fell 1.3 % on Tuesday
Tuesday, 12 April 2011 07:33
Australian stocks fell 1.3 % on Tuesday, the biggest one-day loss in four weeks after hitting a 12 month high the previous session, miners and energy stocks were the main culprits.
Read MoreThe IMF economic report came out today with mixed reviews
Monday, 11 April 2011 08:27
The IMF economic report came out today with mixed reviews, emerging countries like China still expanding rapidly as advanced economies like the United States are grwoing very slowly.
Read MoreUS stocks have started the week with modest gains.
Monday, 11 April 2011 05:21
US stocks have started the week with modest gains. Dow +33.66, Nasdaq +4.74 S & P +3.22. The dollar has gained ground against the euro this morning as well.
Read MoreAustralian shares hit a 12-month high on Monday
Monday, 11 April 2011 03:07
Australian shares hit a 12-month high on Monday due to a strong rally in BHP Billiton after it denied speculation it was considering a takeover of Woodside Petroleum which is Australia’s largest oil and gas company.
Read More